A city reports three Pension Trust Funds, one Private-Purpose Trust Fund, one Investment Trust Fund, and three Agency Funds. How many columns would the City's statement of fiduciary net position would report?
A. Two (2).
B. Three (3).
C. Four (4).
D. Eight (8).
Question 2
An information system consists of an integrated set of computer-based and manual components established to provide information to users.
Indicate whether the statement is true or false